Universal Fabrications Coventry Limited

Key Facts

Net Assets

Current: £332,025

Previous: £756,244

Change: -424,219 (-56.1%)

Comment: Substantial drop in net assets and liabilities.

Current Assets

Current: £1,760,703

Previous: £1,443,228

Change: +£317,475 (+22%)

Comment: Current assets grew moderately.

Cash

Current: £66,841

Previous: £272,770

Change: -£205,929 (-75.5%)

Comment: Cash dropped sharply, indicating a major decline in liquidity.

Creditors 1 Year

Current: £2,194,805

Previous: £1,145,927

Change: +£1,048,878 (+91.5%)

Comment: Short‑term creditors rose sharply, indicating higher short‑term liabilities.

Net Current Assets Liabilities

Current: £566,325

Previous: £177,498

Change: +£388,827 (+219.1%)

Comment: Net current assets rose sharply, indicating a strong improvement in working capital.

Fixed Assets

Current: Not reported

Previous: Not reported

Comment: Not reported

Turnover

Current: Not reported

Previous: Not reported

Comment: Turnover not reported for either period, which is common for micro‑entity and small business.

Employees

Current: 61

Previous: 60

Change: +1 (+1.7%)

Comment: Slight growth.